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Three Items Are Missing in Each of the Following Columns

question 162

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Three items are missing in each of the following columns and are identified by letter.  Sales revenue $(a)$840,000 Sales returns and allowances 15,00022,000 Sales discounts 10,00015,000 Net sales 440,000 (d)  Beginning inventory  (b) 300,000 Cost of goods purchased 220,000 (e)  Ending inventory 170,000303,000 Cost of goods sold 252,000575,000 Gross profit  (c)  (f) \begin{array}{lrr}\text { Sales revenue } & \$(a) & \$ 840,000 \\\text { Sales returns and allowances } & 15,000 & 22,000 \\\text { Sales discounts } & 10,000 & 15,000 \\\text { Net sales } & 440,000 & \text { (d) } \\\text { Beginning inventory } & \text { (b) } & 300,000\\\text { Cost of goods purchased } & 220,000 & \text { (e) } \\\text { Ending inventory } & 170,000 & 303,000 \\\text { Cost of goods sold } & 252,000 & 575,000 \\\text { Gross profit } & \text { (c) } & \text { (f) }\end{array} Instructions
Calculate the missing amounts and identify them by letter.


Definitions:

Growth Mind-Set

The belief that abilities and intelligence can be developed through dedication and hard work.

Robert Sternberg

An American psychologist known for his theory on intelligence and creativity, which includes the triarchic theory of intelligence.

Growth Mind-Set

The belief that abilities and intelligence can be developed through dedication and hard work, as opposed to a fixed mindset which views them as static traits.

Wechsler's Adult Intelligence Scale

A standardized test designed to measure adult intelligence and cognitive ability.

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